Housing Déjà Vu: Are We Reliving the Last Market Cycle? 

If you're following Vancouver's real estate market, you might be experiencing a sense of déjà vu. But is this a repeat of past cycles, or is there a new opportunity on the horizon? Video above applies today's market conditions 

You’ve seen the headlines.  If you're getting flashbacks to 2008—or even 2021—you’re not alone.

But here’s the key question: Is this a repeat of the last cycle, or are we facing something entirely new—with fresh opportunities hidden in plain sight?

A Familiar Feeling, But a Different Landscape

Back in 2008, we saw a housing bubble fueled by loose lending, overbuilding, and unchecked speculation. When it popped, the crash left behind a trail of foreclosures and panic.

Today’s market, while sharing some surface-level similarities is built on a much firmer foundation:

Lending standards are tighter

Homeowner equity is strong

Inventory remains historically high

Millennials are hitting peak buying age

That means we’re not heading for a crash—we're navigating a correction. And that’s a very different movie.


Where the Opportunities Are? This moment in the cycle is exactly when smart buyers, sellers, and investors make moves while others sit on the sidelines.

🏡 Buyers
With fewer bidding wars and more days on market, you may finally get the breathing room you need to negotiate. Look for:

Motivated sellers willing to offer credits or rate buy-downs

Properties that have sat too long due to cosmetic issues—not structural ones

New builds offering incentives as builders seek to clear inventory

📈 Sellers
Yes, the frenzy has cooled—but serious buyers are still out there. What’s changed is the importance of:

Strategic pricing over speculation

Staging and presentation to rise above similar listings

Flexibility—if you can help buyers with closing costs or terms, you’ll stand out

💼 Investors
As some pull back, you gain leverage #vancouverrealestate 

Multifamily and pre-sale (rents are still strong)

Distressed or under-marketed properties

Emerging markets where job growth and infrastructure are on the rise

Don't Wait for the Credits to Roll #vanre

Markets move in cycles. The key is knowing when you're watching a remake… and when it's a new release with better plot twists.

If you're waiting for a perfect moment, you might miss the one we're in now.

Because while others are stuck in déjà vu, you can act on what's different—and turn the uncertainty into opportunity. @remaxcanada